Listing IDSDC0000223
Sold For$1,550,000
StatusSOLD
CountySan Diego
Year Built1990
Property Type2-4 Units
1990 Construction; with 2021 construction upgrades including new exterior paint, new roof, and chimney repair and interior upgrade of the Unit A. Two-story duplex SFR characteristics; upstairs is 3 Bedrooms 2 Bath 1,700 SF with deck and downstairs 2 Bedrooms 2 Bath 870 SF. Fully Leased. Units have a washer/dryer; one car garage; parking for two additional vehicles on a long driveway. Carlsbad Lagoon location with private boat launch at the end of the block. Ideal for family boating/paddleboarding.Value-Added Investment Property to upgrade Unit 1 to increase the gross rent.
County
San Diego
City
Carlsbad
Property Type
2-4 Units
Year Built
1990
Cooling
Central Forced Air
Heat Equipment
Fireplace, Forced Air Unit
Heat Source
Electric
Levels
2 Story
Total Stories
2
Unit 1 Estimated SqFt
870
Unit 1 Laundry Hook Ups
Yes
Unit 1 Number of Bedrooms
2
Unit 1 Number of Full Baths
2
Unit 1 Number Total Baths
2
Unit 2 Estimated SqFt
1700
Unit 2 Laundry Hook Ups
Yes
Unit 2 Number of Bedrooms
3
Unit 2 Number of Full Baths
2
Unit 2 Number Total Baths
2
Unit Number for Unit 2
1
Boat Facilities
Yes
Complex Features
Laundry Facilities, Pet Restrictions, Recreation Area, Beach Rights
Entry Only
no
Exterior
Wood/Stucco
Fencing
Full
Frontage
Lagoon/Estuary
Irrigation
Automatic, Drip, Sprinklers
Lot Size
4,000-7,499 SF
Neighborhood
Carlsbad Lagoon-Bristol Cove
Number of Buildings
1
Number of Units
2
Number of Units w/Dryers
2
Number of Units w/Fireplaces
1
Number of Units w/Garage
2
Number of Units w/Patios
1
Number of Units w/Range/Oven
2
Number of Units w/Refrigerator
2
Number of Units w/Washers
2
Number Units w/Dishwashers
2
Parking Garage Unit 1
Attached
Parking Garage Unit 2
Attached
Parking Non-Garage Unit 1
Tandem
Parking Non-Garage Unit 2
Tandem
Parking Spaces Unit 1
3
Parking Spaces Unit 2
3
Roof
Composition
Sewer/Septic
Sewer Connected
Site
N/K
Spa
N/K
Unit 1 Parking Garage Space
1
Unit 2 Parking Garage Space
1
Water
Meter on Property
Water District
CARLSBAD MUNICIPAL WATER DISTRI
Water Heater Type
Electric
Community
CARLSBAD WEST
Elementary School
Carlsbad Unified School District
High School
Carlsbad Unified School District
Home Owner Association
Bristol Cove Property Own
Jurisdiction
Incorporated
Market Area
Coastal North
Middle School
Carlsbad Unified School District
Topography
Level
View
N/K
Zip/Area
CARLSBAD (92008)
Additional Property Use
Res/Business Use OK
Pets
Allowed w/Restrictions
Property Type
2-4 UNITS
Supplement
Value-Added Investment Property to upgrade Unit 1 to increase the gross rent.
Telecommunications
Cable (coaxial)
Age Restrictions
N/K
Annual Expense Actual
27970
Annual Expense Projected
27970
Cap Rate Actual
3
Cap Rate Projected
3.68
Financing
Cash
Gross Rent Multiplier Act
20.16
Gross Rent Multiplier Projected
17.8
Gross Scheduled Income Actual
74400
Gross Scheduled Income Projected
87000
Home Owner Fee Reflects
None Known
Home Owner Fees
320
Home Owner Total Fees
320
Home Owners Fee Includes
N/K
Home Owners Payment Frequency
Quarterly
Monthly Total Fees
26
Net Operating Income Projected
57021
Other Fee Type
Home Owner Assessments
Sales Restrictions
N/K
Short Sale
no
Tenant Pays
Electricity, Gas/Propane
Terms
Conventional
Unit 1 Deposit
3800
Unit 1 Projected Rent
3300
Unit 1 Rent Actual
3300
Unit 2 Deposit
3500
Unit 2 Projected Rent
3950
Unit 2 Rent Actual
2900
Vacation Rental By Owner
no
Contact - Listing ID SDC0000223
Lawrence Dy
11440 W. Bernardo Ct #300
San Diego, CA 92127
Phone: 8584491253
Phone Alt: 8584491253
Data services provided by IDX Broker
